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Spot power prices down 20% in Q1

Financial Express Kolkata

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July 07, 2025

ELECTRICITY PRICES IN the spot market declined by as much as 20% during the first quarter of FY26, as widespread rainfall kept temperatures lower than usual, leading to subdued electricity demand during the peak summer months, according to data from the Indian Energy Exchange (IEX).

- Arunima Bharadwaj

The market clearing price in the Day-Ahead Market stood at ₹4.41/unit in Q1FY26, registering a decline of 16% compared to Q1FY25. Similarly, the market clearing price in the Real-Time Market declined by 20% at ₹3.91/unit during Q1FY26 compared to Q1FY25.

Financial Express Kolkata से और कहानियाँ

Financial Express Kolkata

Trade deal stalled as Modi didn’t call Trump: US Commerce Secy

ATRADE PACT between India and the United States stalled last year because Prime Minister Narendra Modi did not make a telephone call to President Donald Trump ahead of a deal, US Commerce Secretary Howard Lutnick said on Friday.

time to read

1 min

January 10, 2026

Financial Express Kolkata

Major reforms expected in customs procedures

AS FINANCE MINISTER Nirmala Sitharaman is set to present the Union Budget for FY27 in Parliament on February 1, industry stakeholders and tax experts are expecting significant reforms in the customs procedures, particularly the simplification of the special valuation branch (SVB) process.

time to read

1 mins

January 10, 2026

Financial Express Kolkata

Fx reserves drop $9.8 bn, biggest dip in 14 months

FOREIGN EXCHANGE RESERVES recorded their biggest weekly drop in 14 months as the Reserve Bank of India (RBI) sold dollars to support a weakening rupee, analysts said.

time to read

1 min

January 10, 2026

Financial Express Kolkata

RBI guv: Regulators and regulated are in the same team

RESERVE BANK OF India (RBI) governor Sanjay Malhotra on Friday said digitalisation is transforming the financial system, demanding agility and collaboration in regulation and supervision.

time to read

1 min

January 10, 2026

Financial Express Kolkata

Govt's AGR lifeline to lift Vi's funding prospects

Telco gets 10-yr moratorium

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1 min

January 10, 2026

Financial Express Kolkata

Pension funds may directly invest in infra

ASSETS UNDER MANAGEMENT under NPS for the government sector and the nongovernment sector stood at around ₹16 lakh crore as on November 30, 2025.

time to read

1 mins

January 10, 2026

Financial Express Kolkata

Bain’s Manappuram deal faces delay as RBI objects

SEBI, COMPETITION COMMISSION HAVE ACCORDED APPROVALS

time to read

1 min

January 10, 2026

Financial Express Kolkata

Trump cancels 2nd wave of attacks on Venezuela

US PRESIDENT DONALD Trump said he had canceled a second wave of attacks on Venezuela following cooperation from the South American nation.

time to read

1 min

January 10, 2026

Financial Express Kolkata

EV sales momentum to slow down in 2026

CHINA'S RETAIL SALES of newenergy vehicles (NEVs) are set to expand at a slower pace this year as government-backed trade-in subsidies are gradually phased out, removing a key pillar of support for the world's biggest auto market.

time to read

1 min

January 10, 2026

Financial Express Kolkata

Gifting of MF units to minors will not lower tax liability

YOUR QUERIES: INCOME TAX

time to read

2 mins

January 10, 2026

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